Current Affairs - International

The UAE achieved a major milestone by executing its first government transaction using the Digital Dirham, a central bank digital currency issued by the Central Bank of the UAE. Completed in less than two minutes through the mBridge settlement platform, the event demonstrated the nation’s readiness to adopt next-generation financial systems. This development supports the country’s broader Financial Infrastructure Transformation Programme, which aims to enhance transparency, efficiency, and financial inclusion. By embracing secure, regulated digital currency systems and collaborating with other central banks on cross-border digital settlements, the UAE continues to strengthen its position as a leading global hub for digital finance and technological innovation.

The United States ended its longest government shutdown after a 42-day political standoff, which severely disrupted federal operations and affected hundreds of thousands of government employees. The shutdown was rooted in disagreements between Democrats and Republicans over healthcare subsidy provisions linked to the Affordable Care Act. Progress stalled in the Senate due to the 60-vote requirement, but bipartisan support emerged when eight Democratic senators crossed party lines, allowing the bill to move forward. Following congressional approval, President Donald Trump signed a temporary funding bill that reopened government services. Although the measure provided only short-term relief, it restored essential services and allowed federal agencies to resume normal operations while budget negotiations continued.

Oman has been selected to serve on UNESCO’s Man and the Biosphere (MAB) Council for the 2025–2029 term, reflecting its expanding role in global environmental stewardship. This position allows Oman to contribute to advancing protected area management, climate research initiatives, and long-term sustainability objectives aligned with its Vision 2040 strategy. The country’s commitment is further reinforced through significant conservation sites such as the Al-Sareen Reserve and Al Jabal Al Akhdar, which highlight ongoing efforts to preserve biodiversity. This election strengthens Oman’s influence in shaping international discussions on ecological preservation and sustainable development.

Indonesia collaborated with Australia to establish a new security treaty focused on strengthening regional peace and fostering closer cooperation between the two nations. The agreement outlines commitments for both sides to consult one another in the event of emerging security threats, reinforcing trust and strategic communication. It also includes provisions for regular high-level dialogues and enhanced defence interaction, reflecting a renewed warmth in bilateral relations. Although modeled on the 1995 agreement, this updated version does not impose mandatory joint action, allowing both countries flexibility while still deepening their strategic partnership in a rapidly evolving regional environment.

Angola marked its 50th year of independence with significant global participation, including the historic first visit by an Indian President, Droupadi Murmu. The occasion also highlighted four decades of diplomatic ties between India and Angola, underscoring a growing partnership. During the visit, key areas such as governance, infrastructure development, defence cooperation, and the energy sector were appreciated and discussed. India further strengthened bilateral engagement by proposing a USD 200 million Line of Credit aimed at supporting joint defence and energy initiatives. This milestone celebration not only commemorated Angola’s independence but also reinforced a deepening India–Angola relationship.